Wall Street's Gains Lift Stocks

Updated Sept. 2, 1997 2:39 p.m. ET

MILAN -- Italian share prices soared on Tuesday, as early gains were multiplied by the strong start to trading on Wall Street.

The MIBtel index rose 292 points, or 2%, to 14631 while the MIB30 blue-chip stock index advanced 513 points, or 2.4%, to 22109. Volume picked up as U.S. investors returned from Monday's Labor Day holiday, and amounted to about 1 trillion lire.